CBOT January 2022 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE January 2022 canola (yellow line, left column). (Barchart)

U.S. grains: Soy jumps on USDA’s surprise cut to yield estimates

Traders had expected a higher soy yield; U.S. corn carryout seen lower than last month

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures soared on Tuesday after the U.S. Department of Agriculture reduced its estimate for domestic yields, surprising traders who were expecting an increase. USDA pegged production at 4.425 billion bushels on a yield of 51.2 bushels per acre in a monthly crop report. That was […] Read more

CBOT January 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soybeans, corn sag before USDA report

Traders await department's crop and inventory forecasts

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean and corn futures slumped on Monday as traders adjusted positions before the release of key U.S. Department of Agriculture crop and inventory forecasts on Tuesday.   Big U.S. harvests, near-perfect weather for planting in Brazil and signs of slowing purchases by top buyer China are bolstering […] Read more


Photo: Getty Images

U.S. grains: Soybeans end lower on harvest pressure, South American planting

Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures fell for a third day on Friday, pressured by harvest activity and strong planting progress in South America that may open up export competition by mid-January, analysts said. Corn also eased from harvest pressure, while wheat stepped back after reaching a nine-year high earlier in the week. Corn […] Read more

Photo: Thinkstock

U.S. grains: Wheat, corn, soy sag as traders await U.S. crop report

Reading Time: 2 minutes Chicago | Reuters – U.S. grain futures stumbled on Thursday amid positioning ahead of a federal crop report next week that is expected to show bigger estimates for the nation’s corn and soybean harvests, analysts said. Losses pulled wheat back further from a nine-year high reached on Tuesday at the Chicago Board of Trade. Corn retreated from […] Read more



Photo: iStock

U.S. grains: Wheat futures extend retreat from 2012 high

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures slid on profit-taking on Wednesday, traders said, after prices this week climbed to their highest level since 2012 on tightening world supplies and robust demand. Losses also hit the corn market, which retreated after rising on Tuesday to its highest price since Aug. 12. Wheat […] Read more


Photo: Getty Images

High priced U.S. soybeans/corn due for correction

Reading Time: < 1 minute MarketsFarm – With United States soybean and corn harvests nearing completion, anecdotal reports point to better-than-expected yields for both crops that could weigh on futures prices at the Chicago Board of Trade. “It’s amazing that here in the U.S. we have a good corn and soybean crop, considering how dry we were,” said Scott Capinegro, […] Read more

File photo of a wheat crop in Argentina. (Gracieross/iStock/Getty Images)

U.S. grains: Wheat futures ease amid supply questions after hitting highest since 2012

Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures eased on Tuesday after rising to their highest level in almost nine years, as the declining condition of the U.S. winter crop raised worries over global supply at a time of tight stocks and strong international demand. U.S. wheat prices fell later in the session on profit taking […] Read more



China imports around 100 million tonnes of soybeans each year to make feed for its enormous livestock sector.  Photo: Reuters/Paul Whitaker

China to make protein for livestock from carbon monoxide

Reading Time: < 1 minute Beijing | Reuters – Chinese researchers say they have found a way to produce an animal feed protein from carbon monoxide in what is being hailed as a breakthrough that could help reduce the country’s reliance on huge volumes of imported soybeans. China is by far the world’s top buyer of soybeans, bringing in around […] Read more